Ginnie Mae

Once-skittish investors warming up to Ginnie Mae servicing rights


Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.


Ted Tozer, steward of Ginnie Mae for 7 years, departing


As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis.